Spotify’s stock price has been on a promising upswing, with analysts setting ambitious targets as shares edge near $400. The last time SPOT approached this mark was in early 2021, fueled by high-profile content deals, but concerns over profitability and market pressures pulled it down to the $70s in 2022. Under CEO Daniel Ek’s direction, Spotify shifted focus to profitability, cutting unnecessary expenditures. Analysts are optimistic, with targets ranging up to $490 from firms like Morgan Stanley and Deutsche Bank, driven by projected subscriber growth, podcasting, and ad revenue.
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Mark Zuckerberg Dethroned: Three 22-Year-Old Mercor Founders Become Youngest Self-Made Billionaires
Mercor’s 22-year-old founders have become the world’s youngest self-made billionaires after a $350 million funding round valued the AI recruitment startup at $10 billion, surpassing Mark Zuckerberg’s record. Mercor, a fast-rising recruitment startup powering AI model training for Silicon Valley’s biggest labs, has created the world’s youngest self-made billionaires. Three 22-year-old cofounders, including two Americans of Indian origin, have dethroned Mark Zuckerberg as the world’s youngest sel
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Soho House Acquired for £2 Billion as Ashton Kutcher Joins Board
Private members' club chain Soho House has been snapped up for $2.7bn (£2bn) by a consortium involving Hollywood actor turned investor Ashton Kutcher. The group opened its first club in London in 1995, and now has 46 Soho Houses in Europe, North America and Asia, as well a string of other up-market hospitality businesses. It is widely regarded as being a popular haunt of A-list celebrities, and one of its London venues was reportedly where Prince Harry and Meghan Markle had their first date.
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NBA roundup: Lakers Suffer Heavy Defeat to Thunder as Doncic hurt, Cavs clinch play-off berth
The NBA champion Oklahoma City Thunder embarrassed the Los Angeles Lakers 139-96 on Thursday in a blowout made more painful by the early exit of injured Lakers star Luka Doncic. The marquee showdown between Most Valuable Player contenders Shai Gilgeous-Alexander and Doncic fizzled long before Doncic limped out midway through the third quarter with a left hamstring injury. Doncic, who came into the contest leading the league in scoring with 33.8 points per game - ahead of Gilgeous-Alexander's 3
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US Attorney General Pam Bondi Ousted by President Trum
US President Donald Trump has removed Attorney General Pam Bondi - a longtime ally and fierce defender of his administration - from her post as America's top law enforcement officer. Trump praised her in a post on Truth Social and said she would be "transitioning" to a role in the private sector. Bondi's time leading the justice department was often overshadowed by its handling of the release of files relating to Jeffrey Epstein and its investigation into the convicted sex offender. She is th
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NBA roundup: Victor Wembanyama leads Spurs past Warriors for 10th successive victory
Victor Wembanyama powered the relentless San Antonio Spurs to a 10th straight win Wednesday with his second consecutive 41-point game, brushing aside the Golden State Warriors 127-113. Two days after the French star scored the fastest double-double in NBA history, Wembanyama also grabbed 18 rebounds in a wire-to-wire victory. San Antonio have emerged as genuine NBA title contenders in the second half of the season, winning 26 of their past 28 games. They sit second in the Western Conference,
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Stefon Digg’s Assault and Strangulation Trial Set For May 4
Former New England Patriots football player Stefon Diggs is scheduled to face trial on May 4 in a criminal casestemming from assault and strangulation allegations tied to a dispute with a former private chef. A judge set the trial date during a pretrial hearing in Boston on Wednesday, advancing a case that has drawn attention across the football world. Prosecutors allege the incident occurred last year inside Diggs’ residence and resulted in multiple criminal charges. Stefon Diggs, who was rel
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